Title is self explanatory Conservative stop at the red horizontal targets marked
Looks like the bigger ABC decline has terminated in what appears to be an ending diagonal. If this is the case we could see resumption of growth Confirmation above prior wave (iv)
This is just the worse possible case for Bitcoin Likelihood for prices to reach $4000 $3600 USD per Chinese Bitcoin is high as FeD continues to pull out approx 1.1 million United states dollar per minute In September they will ramp it up to 2.2 million USD per minute Imajin all the sell pressure from the FED lots of FUNDS going to blow up big time Michael...
From a wave standpoint price is mirroring early stages of a crash vs bitcoin circa 2018 Price technicals: Possibly a leading diagonal of the bearish impulse forming. Probable bounce back to 4100 before capitulation or accelerated selling to new lows' Wait for the bounce and short the ponzi
From an elliot wave standpoint price appears to be consolidating in wave 4 triangle a break of the upper border of the trendline should pump price to 150 USD per barrel of Russian oil Gonna be a big squeeze for everyone IMO Invalidation below wave 1 territory
This is the end boys, as i wrote 2 months ago when the SP500 was at its highs the risk for devaluation with the FED tightening was already there From the technical stand point I expect price to rally to 4450 - 4500, then move sideways for a bit to trap wishful thinking retail then RUG PULL.. DOn't expect it to be a soft landing
wave iii of 3 pending. Parabolic mark up to 5 bucks soon see defi charts 2021 for reference
TItle is self explanatory. Long at these levels with tight stop at the weekend low Targets slightly above previous highs Good luck Bulls
Sell 50k by May then flip short to newer lows Cheers
Price has retraced to the minimum levels for deep wave ii correction of this proposed diagonal if this is following it , price should start bouncing by tomorrow
Wave i of c seems to have terminated with wave 3 of C still pending Should be a low risk with conservative stop at the red level TP 55k USD
Estimated targets for the subsequent exit of this consolidation should take us to mid 50's USD per EOS Should happen really soon so load up Generational wealth inc...
2022 looks like a bull run similar to LTC 2015-2017 accumulation before parabolic run up
Price action is mirroring 2018 6k floor it seems as Bitcoin continues to move like a stablecoin Therefore we can only assume price to be morphing a triangle flat for wave b of B Expecting resolution of this triangle with subsequent move downwards until Late April- Early May Possibly with some negative catalyst to fuel the decline Stay safe bro's
From n elliot standpoint price is moving sideways which shows a higher probability wave X formation with subsequent exit to 50.9k-51k USD confluent with mean algo. Long idea below 40k USD with tight stop at the weekend low(aggressive stop) and for conservative stop the prior higher low(1 level below) Cheers and good luck
Im normally a permabear but i am not dismissing the possibility of a potential macro ending diagonal in the process I often only hear talks of the FED raising interest rates but that's just all talk It would be a hard pass for them with all the deficits in production In short this is quite a risking long still however trying to catch the last wave of this...
Taper effect still ongoing. With the March Rate hike in the corning. This should send the index following NFLX, NVDA, FACEBOOk and BTC Minimum target 2500-2450 Short hedge all your bets here RUN it BACK TURBOOOOO To WUHAN WE GO No RagRETS
As the title suggest this ugly price action with brutal whipsaws to the upside and downside, are morphing into what we call a finite diagonal If this is true then the potential targets would be the lower boundary of the wedge, which would be around 52k before another relief rally cheers